CONVERTIBLE NOTE PAYABLE (Details Narrative) - USD ($) |
9 Months Ended | ||
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Jan. 09, 2023 |
Mar. 31, 2025 |
Jun. 30, 2024 |
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Convertible note payable | $ 750,000 | $ 750,000 | $ 750,000 |
Interest rate | 3.00% | ||
Maturity date | Nov. 14, 2024 | ||
Common Stock [Member] | |||
Shares issuable upon conversion of convertible notes | 937,500 | 937,500 | |
Share price | $ 0.80 |
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- Definition Carrying value as of the balance sheet date of the portion of long-term debt due within one year or the operating cycle if longer identified as Convertible Notes Payable. Convertible Notes Payable is a written promise to pay a note which can be exchanged for a specified amount of another, related security, at the option of the issuer and the holder. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The number of shares issued in exchange for the original debt being converted in a noncash (or part noncash) transaction. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or payments in the period. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Contractual interest rate for funds borrowed, under the debt agreement. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Date when the debt instrument is scheduled to be fully repaid, in YYYY-MM-DD format. Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
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- Definition Price of a single share of a number of saleable stocks of a company. No definition available.
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- Details
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